Difference between revisions of "Beans Engineering"
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1988 Management buyout from [[Rover]] with investment from [[Investors in Industry|3i]]; 300 employees<ref>The Times, March 02, 1988</ref>. | 1988 Management buyout from [[Rover]] with investment from [[Investors in Industry|3i]]; 300 employees<ref>The Times, March 02, 1988</ref>. | ||
1992 Beans Engineering acquired [[Reliant]], one of its largest customers, from the receivers<ref>The Times, July 17, 1992</ref>. | 1992 Beans Engineering acquired [[Reliant]], one of its largest customers, from the receivers; developed the '''Scimitar Sabre'''<ref>The Times, July 17, 1992</ref>. | ||
1994 Went into receivership due to debts within some of its subsidiaries; the receiver planned to sell [[Reliant]]<ref>The Times, January 16, 1995</ref>. | 1994 Went into receivership due to debts within some of its subsidiaries; the receiver planned to sell [[Reliant]]<ref>The Times, January 16, 1995</ref>. |
Revision as of 11:02, 21 July 2020
Successor to Beans Industries
At some point the company was renamed Beans Engineering.
1972 British Leyland transferred its marine engine work to Beans, which had 1000 employees at Tipton sites[1].
1988 Management buyout from Rover with investment from 3i; 300 employees[2].
1992 Beans Engineering acquired Reliant, one of its largest customers, from the receivers; developed the Scimitar Sabre[3].
1994 Went into receivership due to debts within some of its subsidiaries; the receiver planned to sell Reliant[4].